Zegna
57 hedge funds and large institutions have $513M invested in Zegna in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 25 closing their positions.
29% more capital invested
Capital invested by funds: $397M → $513M (+$116M)
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
2.22% more ownership
Funds ownership: 12.54% → 14.77% (+2.2%)
11% less funds holding
Funds holding: 64 → 57 (-7)
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$45.1M |
| 2 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
+$31.6M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$19.6M |
| 4 |
TAM
Tabor Asset Management
New York
|
+$7.23M |
| 5 |
HMCP
Hook Mill Capital Partners
New York
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAM
Honeycomb Asset Management
New York
|
-$9.51M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$6.66M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$6.64M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.6M |
| 5 |
Renaissance Technologies
New York
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$115K | -9,021 | Closed |
|
77
Wells Fargo
San Francisco,
California
| – | -$11.3K | -889 | Closed |
|
78
Simplex Trading
Chicago,
Illinois
| – | -$5K | -405 | Closed |
|
79
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -53 | Closed |
|
|
FFA
80
Farther Finance Advisors
San Francisco,
California
| – | -$279 | -22 | Closed |
|
|
MLICM
81
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$13 | -1 | Closed |
|
ZGN Hedge Fund Activity: Q3 2023 in Review
57 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Zegna (ZGN) for Q3 2023, worth a combined $513M — up 29% from $397M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of ZGN and 18 opened new positions — a net loss of 7 holders — while 14 trimmed existing stakes and 18 added.
The largest buyer was Capital World Investors, adding an estimated $45.1M. The largest seller was Honeycomb Asset Management, exiting entirely with an estimated $9.51M sold.
- 57 institutional investors held Zegna (ZGN) as of Q3 2023, down from 64 in Q2 2023.
- Funds reported $513M of Zegna stock for Q3 2023, up 29% quarter-over-quarter.
- 18 funds opened new Zegna positions in Q3 2023 and 25 closed out, a net change of -7 holders.
- The largest Zegna buyer in Q3 2023 was Capital World Investors, an estimated $45.1M added.
- The largest Zegna seller in Q3 2023 was Honeycomb Asset Management, an estimated $9.51M sold.
Based on aggregated 13F filings for Q3 2023.